What is the coupon rate, Kaiser Industries has bonds on the

What is the coupon rate

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Reference no: EM13270465

Kaiser Industries has bonds on the market making annual payments, with 14 years to maturity, and selling for $1,382.01. At this price, the bonds yield 7.5 percent. What is the coupon rate?

8.00 percent
8.50 percent
9.00 percent
10.50 percent
12.00 percent

Reference no: EM13270465

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